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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Steven Finkel who wrote (20502)2/15/2000 11:52:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
One of our long lost puppies from nearly a year ago, RDOC, is once again looking good. There is little info or discussion found on this one. . . just the way I like it. . . too much talk can spoil a good thing. . . . And as best I figure, earnings should be any day now.

Bought near 2 3/8 over past 1/2 hour. . . in anticipation of blowout earnings. Reason is this. . . check out their news. . .http://biz.yahoo.com/n/r/rdoc.html

Read through the headlines. . . They have sold about a half dozen of the NeuroMate units at about million a piece this quarter alone. . ..
This is more than the company historically takes in in 3 quarters. . . and that is while the biz has been growing. This is not a scammy penny. . .I had them checked out at Davis, CA headquarters. . . .but a sleeper that has been awaiting their REAL piece of the pie. . . the American market.

So far, these sales have been limited mostly to European hospitals. . . also Japan. . . not sure why American hospitals have been cool to them. . . University of Southern California Hospital [USC] ordered one last month. . . there are several dozen placed and last year, 4,000 hip replacements in Europe were aided by the RoboDoc.

The reason I like their product is that it saves vital time in operating rooms. Nearly 90 minutes of operating room time are saved with each use. Hospitals love that. And keeps surgeons from reaching burn-out on tedious boring tasks keeps down the possibility of surgeons getting carpal tunnel syndrome on minute repetitive tasks.

So this is a buy and hold . . put-away-in-drawer-and-forget stock, IMO. . . that is getting a touch of volume in anticipation of an earnings report and a move closer toward where the company is valued. . . which in my opinion is near $8.

RDOCW are the warrants, but they are over priced compared to common, IMO. . . as strike price is roughly $2.85. . . Search this thread for RDOCW for details.

Rande Is